February 22 (SeeNews) - Cosmetics producer Bulgarian Rose [BUL:4BH] said on Friday that it pocketed sales of 172,000 levs ($100,000/88,000 euro) in January, exceeding its 160,000 levs forecast, but posted a net loss of 80,000 levs in the first month of the year.
The cosmetics maker expects to generate 240,000 levs in sales in February, Bulgarian Rose said in a bourse filing.
Bulgarian Rose booked sales of 198,000 levs in January 2018 and a gross loss of 56,000 levs. In February 2018, the company added a further 205,000 levs in sales revenue.
Karlovo-based Bulgarian Rose, established in 1948, manufactures cosmetic products for face, body, and hair using rose oil and locally-grown herbs.
Bulgarian Rose, part of blue-chip industrial group Stara Planina Hold [BUL:5SR], has stores in nine cities across Bulgaria.
(1 euro = 1.95583 levs)